2023
Exports
$269MWorld Rnk 10 / 128
Flag Rnk 688 / 1215
2023
PRODUCT COMPLEXITY IN Potassic Fertilizers
-1.12Rnk 857 / 1025
2023
Imports
$4.94BWorld Rnk 2 / 191
Flag Rnk 66 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $269M in Potassic Fertilizers, making it the 10th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 688th most exported product in China. The main destination of Potassic Fertilizers exports from China are: Malaysia ($46.4M), Vietnam ($44.6M), Bangladesh ($17.6M), Mexico ($16.2M), and Poland ($15.7M).

The fastest growing export markets for Potassic Fertilizers of China between 2022 and 2023 were Vietnam ($41.1M), Malaysia ($35.5M), and Bangladesh ($17.2M).

Imports In 2023, China imported $4.94B in Potassic Fertilizers, becoming the 2nd largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 66th most imported product in China. China imports Potassic Fertilizers primarily from: Belarus ($1.46B), Russia ($1.13B), Canada ($707M), Laos ($630M), and Jordan ($527M).

The fastest growing import markets in Potassic Fertilizers for China between 2022 and 2023 were Belarus ($530M), Laos ($349M), and Russia ($219M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-19.9M(-85.2%)
IMPORT GROWTH (December 2023 - December 2024)$-16.5M(-4.08%)
MAIN EXPORTER (December 2024)Shandong Province$5.8M
MAIN DESTINATION (December 2024)Japan$1.48M

This section shows Potassic Fertilizers's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$269M
IMPORTS (2023)$4.94B
NET TRADE (2023)-$4.67B

In 2023, China exported $269M in Potassic Fertilizers. The main destinations of China exports on Potassic Fertilizers were Malaysia ($46.4M), Vietnam ($44.6M), Bangladesh ($17.6M), Mexico ($16.2M), and Poland ($15.7M).

In 2023, China imported $4.94B in Potassic Fertilizers, mainly from Belarus ($1.46B), Russia ($1.13B), Canada ($707M), Laos ($630M), and Jordan ($527M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR China WERE (2022 - 2023):
Vietnam$41.1M (1.19k%)
Malaysia$35.5M (325%)
Bangladesh$17.2M (4.46k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY China WERE (2022 - 2023):
Peru-$11.4M (-66.4%)
India-$9.55M (-77.1%)
Brazil-$4.23M (-69.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Potassic Fertilizers were:
Canada $9.44B
Belarus $2.01B
In 2023, China's main importing competitors in Potassic Fertilizers were:

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $16.6M
TOP IMPORT POTENTIALRussia+ $281M

Potassic Fertilizers’s highest export potential is India. With an export gap of $16.6M.   Potassic Fertilizers’s highest import potential is Russia with an import gap of $281M.

See methodology.

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